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7435 Balcom Avenue
Reseda, CA 91335
Price Slashed by $25K! This incredible property just became an even better deal, with a $25,000 price reduction designed to move fast! Two Homes on One Lot at 7435 & 7437 Balcom Ave! Discover a prime investment opportunity or the perfect setup for multigenerational living in the heart of Reseda! This unique property offers not just one, but two fully equipped homes on a single lot. The main home at 7435 Balcom Ave features a spacious 3 bedrooms, 2 bathrooms, and 1,107 sq ft of comfortable living space. Currently occupied by performing tenants, this home is already generating steady rental income—a smart choice for those looking to invest. The newly upgraded ADU at 7437 Balcom Ave adds an extra 3 bedrooms and 2 bathrooms in 900 sq ft of modern living. With a private side yard and backyard, this unit will be delivered vacant, allowing you to move right in or lease it out for top rental value. This property is perfect for first-time homebuyers, real estate investors, or anyone looking to take advantage of a DSCR loan. Live in one home and rent out the other, or generate income from both! Whether you're looking for a multigenerational living setup, a rental property to expand your portfolio, or a home with income potential, this property offers it all. Don’t miss your chance to own this incredible dual-living opportunity in one of Reseda’s most sought-after neighborhoods.
PROPERTY INFORMATION
| MLS # | SR24199707 | Lot Size | 6,156 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,050,000
Price Per SqFt: $ 523 |
DOM | 213 Days |
| Address | 7435 Balcom Avenue | Type | Residential |
| City | Reseda | Sq.Ft. | 2,007 Sq. Ft. |
| Postal Code | 91335 | Garage | N/A |
| County | Los Angeles | Year Built | 1946 |
| Bed / Bath | 6 / 4 | Parking | 4 |
| Built In | 1946 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas & Electric Dryer Hookup, Inside, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | All Bedrooms Down, Living Room |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| EntryLocation | balcom ave |
| Entry Level | 1 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| FoundationDetails | Raised, Slab |
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,120
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/12/2024 | Price Change | $1,050,000 (-2.33%) |
| 09/26/2024 | Listed | $1,075,000 |
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Listing provided courtesy of David Prieto, Sync Brokerage, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
